Medznmore

Karachi, Pakistan Founded: 2020 • Age: 6 yrs
Operates as an online pharmacy for purchasing medicines and healthcare products.

About Medznmore

Medznmore is a company based in Karachi (Pakistan) founded in 2020 by Saad Khawar and Asad Khan. It operates as a B2C. Medznmore has raised $14.1 million across 2 funding rounds from investors including Lakson Group, Integra Partners and Sturgeon Capital. Medznmore operates in a competitive market with competitors including Dawaai, Ailaaj, MedicalStore, DVAGO and Emeds, among others.

  • Headquarter Karachi, Pakistan
  • Founders Saad Khawar, Asad Khan
  • Sectors
    Healthcare
  • Website medznmore.com
  • Social X Facebook
Key Metrics
  • Total Equity Funding
    $14.1M (USD)

    in 2 rounds

  • Latest Funding Round
    $11.5M (USD), Seed

    May 2022

  • Investors

Funding Insights of Medznmore

Medznmore has successfully raised a total of $14.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $11.5 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $14.1M
  • Total Rounds 2
  • Last Round Seed β€” $11.5M
  • First Round $2.6M

    (Sep 2020)

  • Investors Count 9

All 2 funding rounds of Medznmore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2022$11.5MSeed–Integra Partners, Sturgeon Capital
Sep 2020$2.6MSeed––
–
Valuation history

9 investors in total: 9 institutional.

Investors in Medznmore

Medznmore has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Lakson Group, Integra Partners and Sturgeon Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on financial services and digital healthcare
–integrapartners.co-
Sturgeon Capital is focused on investments in emerging markets.
–sturgeoncapital.comLondon, United Kingdom
Alta Semper is engaged in frontier-markets private equity investments.
–altasemper.comLondon, United Kingdom
Investment capital is provided to businesses at various growth stages.
–atlasgroup.bmHamilton, Bermuda
Multiple sectors are invested in by the private equity firm.
–aceandcompany.comGeneva, Switzerland
-
–altouq.com-
Reflect Ventures is engaged in managing investment funds.
–reflectventures.com-
Diverse businesses across multiple sectors are managed by the conglomerate.
1954lakson.com.pkKarachi, Pakistan
Offers investment management and advisory services for UHNW families in public and private markets.
2019keyfamilypartners.comGeneva, Switzerland
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Investor details for Medznmore

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People of Medznmore

19 people are tracked at Medznmore (3 in leadership, 16 in team).

NameRoleGroup
Saad Khawar
Co-FounderLeadership
Asad Khan
Co-Founder, CEOLeadership
Munza Jamal
Head Of FinanceLeadership
Kumail Haider
Growth executiveTeam
Hassan Asif
Digital Growth AssociateTeam
Zaid Ejaz
Finance ExecutiveTeam
Ammad Ali
Finance ExecutiveTeam
H.Tahir Aqlain
Finance AssociateTeam
IQBAL ANWAR BAALI
Finance ExecutiveTeam
Muneer Ahmed
Finance ExecutiveTeam
Hassan Murtaza
Senior Software Engineer - 1Team
Mansoor Aziz
Commercial OperationsTeam
Asad Ahmed
Growth ExecutiveTeam
Syeda iqra
Growth executiveTeam
Khadija Ibrahim
Content AnalystTeam
Muhammad Naeem
Operations LeadTeam
Muhammad Arshad
Financial Planning AnalystTeam
Abdul Rahman Dawar
Public Relations ManagerTeam
Syed Muzammil
Stock ControllerTeam
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Complete people profiles for Medznmore

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Timeline of Medznmore

3 dated milestones of Medznmore across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Medznmore is founded.
  2. Funding First funding round of $2.6M.
  3. Funding Latest funding round, Seed, of $11.5M.

Competitors of Medznmore

Medznmore operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dawaai, Ailaaj, MedicalStore, DVAGO and Emeds, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dawaai.pk2014Karachi, Pakistan$13.5M–
Provider of an online store for the purchase of medicines and healthcare products
ailaaj.com2021Lahore, Pakistan––
Operates an online store for purchasing medicines.
medicalstore.com.pk2015Karachi, Pakistan––
Online platform for ordering medicines, health products, and delivery in Pakistan.
dvago.pk2018Karachi, Pakistan––
Online platform for purchasing medicines, health items, and baby care products in Pakistan.
emeds.pk2012Lahore, Pakistan$250,000–
Online pharmacy for selling drugs
servaid.com.pk2005Lahore, Pakistan––
Online pharmacy store for booking
zamadawai.com2020Mardan, Pakistan––
Operates a digital platform for purchasing medicines.
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Detailed competitors of Medznmore

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Web traffic of Medznmore

The website of Medznmore (medznmore.com) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

Similar websites

Websites whose visitors overlap most with Medznmore. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
falconebiz.com
100%
959.8K#63,970View details
tofler.in
97%
556K#105,509View details
zaubacorp.com
96%
4.9M#12,689View details
tracxn.com
92%
2.9M#16,597View details
indiafilings.com
90%
2.1M#29,959View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Medznmore

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

Latest news on Medznmore

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Complete news archive for Medznmore

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
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  • Brand-specific news history

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Similar companies to Medznmore

10 companies that operate in the same segment as Medznmore (Pharmaceuticals & Distribution), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Pharmaceutical products are manufactured and marketed worldwide.
1891Kenilworth, Warwickshire, United Kingdom–USD 64.93 B781
Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed.
2014New York, New York, United StatesUSD 1.3 BUSD 8.26 M750
Developer of pharmaceutical products for treating multiple diseases
1980Thousand Oaks, California, United States–USD 33.23 B28,000
Biopharmaceutical research and drug development are conducted globally by AbbVie.
2012Chicago, Illinois, United States–USD 61.16 B55,000
Traditional pharmaceutical medicines are developed for multiple health fields.
1876United States–USD 65.18 B47,000
Developer of medicines to treat HIV/AIDS, liver diseases, cancer & others
1987Foster City, California, United States–USD 29.45 B17,600
Novel therapeutics are discovered using an AI-enabled drug platform.
2013New York, New York, United StatesUSD 456.66 MUSD 74.68 M–
Treatments for anemia and fibrosis by exploiting connective tissue growth factor (CTGF) and hypoxia-inducible factor (HIF) biology.
1993San Francisco, California, United StatesUSD 215.5 MUSD 29.62 M225
Developer of medical devices, generic pharmaceuticals, and nutrition products
1888Libertyville, Illinois, United States–USD 44.33 B3,710
Medicines and health products are retailed through pharmacy outlets.
2006Hyderabad, Telangana, IndiaUSD 268.78 MUSD 734.57 M25,010
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Frequently Asked Questions about Medznmore

Medznmore was founded in 2020.

Medznmore is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.

Asad Khan is the current CEO of Medznmore. They have also founded this company.

Medznmore is a funded company, having raised a total of $14.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.6M, raised on Sep 2020.

Medznmore operates as an online pharmacy for purchasing medicines and healthcare products through providing healthcare solutions, producing pharmaceutical products, online pharmacy, and operating online marketplaces. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Medznmore's top competitors include Dawaai, Servaid and Emeds.

Medznmore has 9 investors. Key investors include Lakson Group, Integra Partners, Sturgeon Capital, Alta Semper, and Atlas Group of Companies.

The website of Medznmore receives about 681 thousand visits a month.

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